Africa Energy Corp Stock Market Value
| HPMCF Stock | USD 0.03 0 3.45% |
| Symbol | Africa |
Africa Energy 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Africa Energy's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Africa Energy.
| 01/02/2025 |
| 02/01/2025 |
If you would invest 0.00 in Africa Energy on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding Africa Energy Corp or generate 0.0% return on investment in Africa Energy over 30 days. Africa Energy is related to or competes with PetroShale, Horizon Oil, Saturn Oil, San Leon, Enwell Energy, Dno ASA, and Questerre Energy. Africa Energy Corp. operates as an oil and gas exploration and production company in South Africa and Namibia More
Africa Energy Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Africa Energy's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Africa Energy Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1754 | |||
| Maximum Drawdown | 40.48 | |||
| Potential Upside | 13.33 |
Africa Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Africa Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Africa Energy's standard deviation. In reality, there are many statistical measures that can use Africa Energy historical prices to predict the future Africa Energy's volatility.| Risk Adjusted Performance | 0.1656 | |||
| Jensen Alpha | 1.23 | |||
| Total Risk Alpha | 0.7035 | |||
| Treynor Ratio | 2.86 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Africa Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Africa Energy Corp Backtested Returns
Africa Energy is out of control given 3 months investment horizon. Africa Energy Corp secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19 % return per unit of risk over the last 3 months. We were able to break down twenty different technical indicators, which can help you to evaluate if expected returns of 1.37% are justified by taking the suggested risk. Use Africa Energy Mean Deviation of 3.36, standard deviation of 6.79, and Risk Adjusted Performance of 0.1656 to evaluate company specific risk that cannot be diversified away. Africa Energy holds a performance score of 15 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.44, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Africa Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Africa Energy is expected to be smaller as well. Use Africa Energy skewness, as well as the relationship between the rate of daily change and price action indicator , to analyze future returns on Africa Energy.
Auto-correlation | 0.79 |
Good predictability
Africa Energy Corp has good predictability. Overlapping area represents the amount of predictability between Africa Energy time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 to 1st of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Africa Energy Corp price movement. The serial correlation of 0.79 indicates that around 79.0% of current Africa Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Africa Energy Corp lagged returns against current returns
Autocorrelation, which is Africa Energy pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Africa Energy's pink sheet expected returns. We can calculate the autocorrelation of Africa Energy returns to help us make a trade decision. For example, suppose you find that Africa Energy has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Africa Energy regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Africa Energy pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Africa Energy pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Africa Energy pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Africa Energy Lagged Returns
When evaluating Africa Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Africa Energy pink sheet have on its future price. Africa Energy autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Africa Energy autocorrelation shows the relationship between Africa Energy pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Africa Energy Corp.
Regressed Prices |
| Timeline |
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Other Information on Investing in Africa Pink Sheet
Africa Energy financial ratios help investors to determine whether Africa Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Africa with respect to the benefits of owning Africa Energy security.